1 Church Passage

Hertfordshire, Barnet, EN5 4QS

5,333 sq ft

Mixed-Use Investment With Planning Consent For Two Additional Flats
Freehold for sale

Summary

The property comprises of approx. 5,000 sq ft (plus 393 sq ft of terraces)
Commercial Ground Floor consists of: Restaurant and a Retail unit
First floor: 4 flats (2 x 2-bed, 2 x 1-bed)
Planning consent in perpetuity for 2 additional flats; structural groundwork completed
Unit B the rent will increase on 18th August 2028 to £72,129.44 pa.
Projected ERV of £173,318.44 per annum based upon the letting of the vacant flat and the fixed rental uplift of Unit B in 2028.
Located minutes from High Barnet Underground Station (Northern Line)
Positioned on a bustling High Street in a sought-after North London suburb

Accommodation

The accommodation comprises the following areas:

Name	sq ft	sq m	Availability
Unit	5,333	495.45	Available
Total	5,333	495.45

Location

Barnet is one of the largest Borough's in London and is estimated to grow by 5.2% over the next 10 years.

1 Church Passage occupies a central position in Chipping Barnet, a thriving and affluent North-West London suburb approximately 12 miles from Central London.

This prime location offers strong footfall and visibility, making it highly attractive to both commercial and residential occupiers.

Get directions from Google Maps

Mainline Stations

New Barnet

25 mins
Hadley Wood

29 mins
Oakleigh Park

36 mins
Potters Bar

59 mins

Underground Station

High Barnet

7 mins
New Barnet

25 mins
Hadley Wood

29 mins
Totteridge and Whetstone

36 mins

Further Information

Price £163,689 Rising to £173,318.44 in August 2028

Rates Payable Upon Enquiry

Description

The property comprises two commercial units and four self-contained residential flats, with planning consent in perpetuity for two additional flats on the second floor.
The property is arranged over ground and first floors and includes:
A 2,180 sq ft newly refurbished restaurant with kitchen, storage, WCs, and customer seating let to Villaggio Restaurant
A 660 sq ft recently redecorated retail unit, let to Cherry Lodge Cancer Care
4 self-contained flats on the first floor:
2 x 2-bedroom flats
2 x 1-bedroom flats
Two units benefit from generous private terraces